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Chretien Moves to Trim Canada’s Mounting Debt
Prime Minister Jean Chretien signals action to shrink Canada’s large public debt, with Finance Minister Paul Martin pledging deficit cuts to 3 percent of GDP within two years and possibly rising taxes. The plan includes welfare, unemployment insurance, and university funding reforms amid debate on tax increases and social program reductions.
MENTIONED IN THIS ARTICLE
Paul Martin
Gove Pereras
Martin
Dian Society
Martin Fin
Uct
Chretien
Canada AM
Keith Morrison
Human Resources
Lloyd Axworthy
Canada
Clinton
U.S
Jeffrey Simpson
Globe & Mail
Simpson
Brian Mulroney
Pierre Elliott Trudeau